Marathon County home listings asked for more money in January. What's the current median price?
The median home in Marathon County listed for $349,925 in January, up 10.4% from the previous month's $316,950, an analysis of data from Realtor.com shows.
Compared to January 2023, the median home list price increased 18.3% from $278,905.
The statistics in this article only pertain to houses listed for sale in Marathon County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.jsonline.com.
Marathon County's median home was 1,998 square feet, listed at $152 per square foot. The price per square foot of homes for sale is up 17.4% from January 2023.
Listings in Marathon County moved briskly, at a median of 59 days listed compared to the January national median of 69 days on the market. In the previous month, homes had a median of 51 days on the market. Around 68 homes were newly listed on the market in January, a 36% increase from 50 new listings in January 2023.
The median home prices issued by Realtor.com may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.
Across the Wausau-Weston metro area, median home prices rose to $342,380, up 0.1% from a month earlier. The median home had 1,871 square feet, at a list price of $161 per square foot.
In Wisconsin, median home prices were $359,900, a slight increase from December. The median Wisconsin home listed for sale had 1,742 square feet, with a price of $200 per square foot.
Throughout the United States, the median home price was $409,500, a slight decrease from the month prior. The median American home for sale was listed at 1,823 square feet, with a price of $221 per square foot.
The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing it by the number of homes sold. The average can be skewed by one particularly low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.
This article originally appeared on Wausau Daily Herald: Marathon County home listings asked for more money in January
